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Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
David C. Krakauer • 1 highlight
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Dan Callahan • Reflections on the Ten Attributes of Great Investors
Perhaps the greatest “phase transition” in our thinking that such an approach could engender is the maturation in our willingness to live with relatively high levels of uncertainty in the domains of complex phenomena—and thus give up on ideas like complete “cures,” the elimination of “risk,” the design of perfect “stability,” and achieving total “s
... See moreJessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute 1984–2019
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But this sort of omnivorous eclectic mindset, which is very much what the SFI is, that is an aspect of physics that has been built into the genome of the SFI. That’s what would be necessary to be able to go after those kinds of aspects of conventional economics, which are just sitting there and have been for over half a century. Nobody’s actually t
... See moreW. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
The science of complex systems is the study of how local interactions can lead to global consequences.
Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
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Both are dynamic systems in which the selfish actions of countless individuals—whether they be cells or investors—lead to unpredictable consequences at the system level. In turn, these collective actions and consequences feed back to influence individual actions in endless cycles of adaptation and evolution.